Metrohomes

Old Toronto · Toronto Neighbourhood Guide

Yonge-Bay Corridor

A more affordable, renter-majority pocket of Old Toronto.

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Who Lives HereRentsTransitGrowth Zones

12,645

Population

31

Median Age

$68,500

Median Household Income

1.7

Avg. Household Size

32% OwnHome ownership in Yonge-Bay Corridor68% Rent

Renting in Yonge-Bay Corridor

$2,163

Average Rent / Month

2.8%

Rental Vacancy Rate

+13%

vs. GTA Average ($1,917)

Source: CMHC Rental Market Survey, October 2025 (Toronto (Central) zone). Adapted from CMHC data; this does not constitute CMHC endorsement.

About Yonge-Bay Corridor

Yonge-Bay Corridor is a renter-majority neighbourhood, where about 68% of households rent. With a median household income near $68,500, it's one of the more affordable parts of the city. The population skews younger, and smaller, apartment-style households dominate the built form.

Renting here commands a premium over the GTA average of $1,917 — a sign of sustained demand. For investors and owners eyeing a high-demand, transit-rich pocket, the relevant questions are about multiplex potential and purpose-built rental — the build-and-hold strategies we evaluate with construction-informed due diligence.

We've been building in Old Toronto since 1988. In Yonge-Bay Corridor, that means honest answers about what's feasible, what it costs, and what adds real value — before you commit.

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Transit, walkability & what’s being built in Yonge-Bay Corridor

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What could you build in Yonge-Bay Corridor?

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Common Questions About Yonge-Bay Corridor

Thinking about Yonge-Bay Corridor? Let’s talk.

We take on 7–10 projects at a time. Each one gets our full attention.